OMG, I didn’t think it would be long before someone taps into the Covid-19 pandemic. I have been looking at this one for a while now, quite taken aback by this newest MLM company. Their website domain Corona Invest io was privately registered 27th of February of this year 2020. I have to admit when I looked at the UK address available on Google Maps it certainly wasn’t something you would class with a company to do with Corona or the Covid-19. Nor would it look like the type of place I would invest my money in. Read on to find out if Corona Invest is a Legit MLM or just another scam or a Ponzi scheme. Let’s also see if Corona Invest is worth the investment or are they just going to take your money to line their own pockets.
Corona Invest claims to be a vaccination Research Company and is running financial operations with Global investors to join the profit-generating research of the Covid-19. People invest money so they can find a cure or vaccination. However, this new MLM company that is from the UK is not as peachy clean as it looks. Corona Invest uses the Multi-Level Marketing business plan where people invest money, and you then share on what you have invested in getting referrals and earn commissions. You can invest $20 with a minimum withdrawal of $1, and Corona Invest has a three-level referral system or three-tier system. Payments, Corona Invest accept are, Bitcoin, Ethereum, Bitcoin Cash Dash Perfect Money like Coin and Dodge coin.
Corona Invest’s Products?
Corona Invest has no retail products or services. So the only way to make money is by referring people to the Corona Invest Membership itself.
How Corona Invest works?
To investment as a Corona investor, you can make investments to support projects with any of your preferred investment plan that they offer. You invest in Corona research and with the help of their investment. You can sign up for free however to tap into earning commissions you will need to Invest the very least of $20.
Once you have invested, you will get others to sign up to the referral program. Corona Investments is for research into Covid-19 and vaccination research that could generate a profit in the business. The easy way to earn a quick profit is by the use of a Virus or an epidemic like we have today. It’s in demand, and people want a Vaccine now! So of course, it could be a way to earn money or dupe money out of People. Corona Invest is saying there is a guaranteed return on your investment and you can withdraw your money as soon as you like. Not quite as easy as it seems though.
Corona Invest Compensation Plan.
Corona Invest affiliates invest funds on the promise of advertised daily returns. These are called or advertised as Forever Payments. Is it really profitable? Keep reading to find out more.
- invest $20 to $2999 and receive 8% a day
- invest $3000 to $9999 and receive 9% a day
- invest $10,000 to $49,999 and receive 10% a day
- invest $50,000 to $200,000 and receive 11% a day
Referral commissions are paid out down three levels or tiers.
- level 1 (personally recruited affiliates) – 8%
- levels 2 and 3 – 1%
Regional representatives receive the following increased referral commission rates. To be a regional Rep appears to be at the discretion of Corona Invest management.
- level 1 – 10%
- level 2 – 2%
- level 3 – 1%
Pros of Corona Invest?
As far as I am concerned. I cannot see any pros down to the lack of transparency and the non-existent products.
Cons Of Corona Invest?
- Corona Invest is a Ponzi scheme.
The math behind a Ponzi scheme is easy, to sum up. Once Affiliate recruitment dies off, then so does the company. Corona Invest will be starved of ROI that will end in collapse.
- Lack of Owner information.
Total lack of ownership and googling their address is just a residential address, not an office. I also found out that it seems the address is just riddled with Crypto scams using a lady’s name that doesn’t seem to exist.
- Corona Invest claims to be a “vaccination research company”.
I doubt it has anything to do with researching vaccinations and they just seem to be tapping into the ruse of the moment of the Covid-19 epidemic.
- The address.
It doesn’t seem to be the kind of address I would go too if I was investing my money.
Who to contact if you come across a Covid-19 Scam.
There are a lot of scams going around lately all on the understanding of getting help or helping people surrounding Covid-19. If you feel you have come across a Covid-19 scam, then contact Cifas, a company that is the largest Cross-Sector fraud sharing organisation in the UK.
Is Corona Invest a Scam?
Just remember people are tapping into Corona Virus to make money from it and not all are legit. Read what Cifas has to say and find out more if you at all worried about being scammed. This is for the UK.
MLM is not a scam if done correctly. However, as far as I am concerned, I wouldn’t even give Corona Invest a few dollars let alone a few thousand. I have given you some extra information about Corona Invest and some of the hidden loopholes that they really do not want you to know. It is up to you what you do with that information I have given you here. I cannot tell you how to invest your money. If you decide to join, that is up to you. I am not here to persuade you. I am just here to show you some Deep Red Flags I have found about this company. All I can say is just use your due diligence.
Avoiding scams is easy when you know what to look for. See the problem here is many people are already in the midst of a scam before they even realise it luckily for us, I know what to look for, but many people don’t. The saddest thing of any scam is how clever they are at sucking people in. They are getting better at it too.
I know many review sites get dissed as people think we are just promoting our products. The fact is after been in Affiliate Marketing now since 2016. I know what a scam looks like.
I have been scammed more than once in the past. Honestly, I know it is no laughing matter. It hurts not just your pocket but it can break up families too.
I could promote any Ponzi scheme if I wanted too. I am not really into stealing nor duping money out of people. I know many will go on to promote Corona Invest just for that quick buck or just to get your email address. That is down to them; they certainly have no morals.
I do not want to do that as I just don’t see the point in it. I would and could lose my money, as many Ponzi schemes shut down quick. Not to mention if I built an online Business surrounding Covid-19. This is a severe pandemic and people are losing lives why would I want to make money from that by promoting a Ponzi scheme. I just couldn’t do it. Like I have also said above you can contact CIFA also if you feel you are being duped by a Covid-19 scam. Of course, many many people want to help each other and investing in trying to find a cure or vaccination for Covid-19 seems like a fabulous way to invest your money. I just wouldn’t do it via Corona Invest.
SEC is warning people about online promotions, including on social media, claiming that the products or services of publicly-traded companies can prevent, detect, or cure coronavirus and that the stock of these companies will dramatically increase in value as a result. Read more what Sec has to say right Here!
In reality, Corona Invest is simply a Ponzi scheme. They have no products so basically a Ponzi means that people are getting paid by earlier investors. Once those investors stop paying into this scheme then it will collapse or be taken down by Cifa or even the FDA. Whoever runs the company is not as translucent as they should be. I cannot find out much about the owners. Although the website looks really good it doesn’t warrant what I found on their residential business address.
I came across one website, and some of their guidelines were just a joke. They are a referrer for Corona Invest. To be honest, they are promoting this Ponzi scheme. I would not follow their guidelines. Although the guidelines are correct I certainly do not think they are fitting for Corona Invest. That is to make them look more legit no doubt.
Here is a couple of things they say.
- Keep your info a secret.
That’s rad as your sharing it with Corona Invest. They will sell on your data read the disclosure and policy page Corona Invest have on their website.
- Research the investment program before you commit.
Luckily I have done it for you. You have also looked up yourself about Corona Invest and landed here on my site. So well done you too for due-diligence.
- Of course, the biggie here never invests in more than you can afford to lose.
Even better, don’t invest at all. I would never invest in a Ponzi scheme.
How to make money online the Legit way?
Yes, I like to share with everyone Wealthy Affiliate simply because they really have taught me how to make money online, and yes it pays me a passive monthly income. Nobody can ever take my work away from me, unlike those Ponzi Schemes or done for you websites. Simply because this website is mine and belongs to me. I will continue to learn and grow my online businesses. I get more than enough websites too with Wealthy Affiliate, and I can build as many sites as I like. Not to mention also why W.A. is brilliant. Technology and search engines are forever changing. So I need to be kept in the loop. W.A. keeps me educated and on top of all the changes. Like Google, it always has some significant rollout, so it’s always best to remain in the know. While working online.
I will continue to learn too. I like to keep ahead of my competition. It is that simple. Earning While You Learn is the way forwards for sure. Also, to be educated, it should not have to cost a fortune, nor should you be scammed just because you want to earn money online. Sometimes people struggle also because they are looking to make money quick online. People think money can be made just at the top of a mouse or a push of a button. Honestly, it isn’t like that at all. If it was like that then we would all be rich, wouldn’t we?
Making Money Online is going to take some time. How long depends on you. As you will need to put in the work too. I would say give it a good four months before you give up. Let me tell you something now those who tell you that you can make thousands in a week are lying to you. That is such a shame as all you are going to be doing if you follow people like that is line their pockets and you will lose out. Don’t believe all you see. A beautiful looking website may be ok. The whole business concept could be a shambles.
As for Corona Invest. They are here for the moment to get your money. They have no interest in putting money into research for Covid-19 they just want to take your money and run. If they really had an interest in helping researchers then I am sure they wouldn’t have to hide their names. Nor would their business address look like a someone’s residential home certainly not like a nice office that it should be. . Just saying.
Try Wealthy Affiliate out it’s free for as long as you like. I will be there waiting to help you. No Credit Card Needed and no, we do not sell on your Data. You will not be pushed into staying nor will you be hassled to pay out thousands and if you don’t like it all you have to do is leave it still costs you nothing.
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